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Bank of Baroda informs about issuance of infrastructure bonds

24 Nov 2023 Evaluate
In continuation to its letter no. BCC:ISD:115:16:258 dated 18.11.2023 disclosing the Bank’s intention to raise Infrastructure Bonds of up to Rs.10,000 crore (base Issue of Rs. 2000 Cr. and Green Shoe Option of Rs. 8000 Cr.) for a tenor of upto 7 years. Subsequently, Bank of Baroda has informed that the Bank has decided to issue, in first tranche, Infrastructure Bonds of upto Rs.5,000 Cr (Base issue of Rs 1000 Cr and Green Shoe Option of upto Rs 4000 Cr) for a tenor between 7 to 10 years.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
State Bank Of India 957.25
PNB 112.00
Bank Of Baroda 232.80
Canara Bank 117.65
Union Bank Of India 168.40
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